Tag: community choice financial

Ohioans lose more than $500 Million to payday, car title loan fees

Ohioans lose more than $500 Million to payday, car title loan fees

| November 24, 2015

By Charlene Crowell NNPA Columnist Despite a landslide voter decision in 2008 to cap payday lending rates at 28 percent, the state’s small-dollar, high-cost lending has continued to grow and now doubles the amount of fees charged a decade ago. Each year Ohio consumers who only needed a small dollar loan wind up with more […]

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